https://www.taxtmi.com/caselaws?id=309164 The National Company Law Appellate Tribunal, New Delhi, set aside an order directing the Resolution Professional to produce the 'Corporate Debtor's assets details and valuation report. With the Committee of Creditors recommending liquidation under Section 33 (2) of the Insolvency and Bankruptcy Code, 2016, and no resolution plan in place, the Adjudicating Authority had to order liquidation. The Tribunal found the additional asset details unnecessary for the liquidation decision and instructed the Adjudicating Authority to handle the Resolution Professional's application promptly. The appeal was disposed of, and the order was to be sent to the National Company Law Tribunal, Ahmedabad Bench. en-us Fri, 14 Aug 2020 00:00:00 +0530 Tue, 15 Aug 2023 14:43:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309164 The National Company Law Appellate Tribunal, New Delhi, set aside an order directing the Resolution Professional to produce the 'Corporate Debtor's assets details and valuation report. With the Committee of Creditors recommending liquidation under Section 33 (2) of the Insolvency and Bankruptcy Code, 2016, and no resolution plan in place, the Adjudicating Authority had to order liquidation. The Tribunal found the additional asset details unnecessary for the liquidation decision and instructed the Adjudicating Authority to handle the Resolution Professional's application promptly. The appeal was disposed of, and the order was to be sent to the National Company Law Tribunal, Ahmedabad Bench. Case-Laws Insolvency and Bankruptcy Fri, 14 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309164